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Home All News Categories Napa Valley's Wine Collection Raises almost $1,000,000 in Auction

Napa Valley’s Wine Collection Raises almost $1,000,000 in Auction

A top-selling auction in the plains of Napa Valley, US, brought together bidders from all over the world in an event that saw vintners raise $933,000 via its library wine auction. According to the event spokesman, Teresa Wall, the first-of-its-kind online auction, which was a bit of a culture shock to those accustomed to attending live auctions in Napa Valley, exceeded the expectations of the organisers.

Here were some of the highlights from auction that drew the most money:

  • 5- magnums from Californian Harlan Estate – $24,000
  • Shafer, 15-magnum vertical – $42,000
  • 10 -magnum from Bryant Family Estate – $40,000
  • 5- Opus One bottles including one from the first vintage (1979) – $40,000
  • Oakville Winegrowers, 25 magnums – $30,000
  • Screaming Eagle, three magnums (2015) – $40,000
  • Dalla Valle, 7 magnums including a 6-year vertical – $26,000
  • 25 bottles from winemaker, Thomas Rivers Brown$36,000
  • 22 magnums from Rutherford Dust Society- $22,000.

Among others…

Guests attending a previous Napa Valley wine auction.Image,NVR.

About 500 bidders from 12 countries were virtually present, with almost 350 tuning in for the live sale. These types of wine auctions have been known to attract enthusiasts who enjoy attending the events, physically that is, but as the pandemic continues to restrict most in-person events, most auction houses have changed tact incorporating online sessions.

As most of them would prefer it, successful bidders wished to remain anonymous. One thirsty wine lover in particular purchased 10 of the 96 total bottles available for $73,300, including 64 magnums and 258 750-ml bottles. Auction representatives at the event said that proceeds raised would go towards sustainable programmes to promote, protect and enhance the Napa Valley.

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